Citi keeps Buy rating and A$88 target for Hub24 stock

Published on 10/20/2026 at 19:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 funds under administration reached AUD 168.6 billion on October 20, 2026. Hub24 stock costs EUR 42.20 on October 20, 2026 at Lang & Schwarz.

Analyst target and operating scale

Citi maintained a Buy rating and set an A$88.00 target on October 20, 2026.
Q1 fiscal 2027 funds under administration reached AUD 168.6 billion.
Hub24 stock costs EUR 42.20 at Lang & Schwarz on October 20, 2026 at 7:29 p.m. CEST, while ASX trading showed a 3.89 percent rise.

Hub24, AU000000HUB4, Illustration mit AI erstellt.

Hub24 (AU000000HUB4) carried a Citi Buy rating with an A$88.00 target dated October 20, 2026, according to TipRanks. The target stands 31.19 percent above the ASX price of AUD 67.08 on the same date. At Lang & Schwarz, the euro indication was EUR 42.20 on October 20, 2026 at 7:29 p.m. CEST; the ASX quote was up 3.89 percent.

Funds under administration reach AUD 168.6 billion

HUB24 reported total funds under administration of AUD 168.6 billion for the first quarter of fiscal 2027, up 15 percent from a year earlier, according to Kapitales Research. Platform funds under administration rose 18 percent to AUD 143.7 billion, while PARS funds under administration increased 2 percent to AUD 24.9 billion.

Platform net inflows were AUD 4.0 billion, down 23 percent year over year. The company also signed 45 new licensee agreements, and active advisers increased 12 percent to 5,860. The combination gives the operating update a mixed profile: assets and adviser reach expanded, while new money grew more slowly.

Stock stays above its yearly low

HUB24 traded at AUD 67.08 on the ASX on October 20, 2026 at 4:11 p.m. AEDT, with a market capitalization of AUD 5.5 billion and a price-to-earnings ratio of 45.95. Its 52-week range was AUD 58.71 to AUD 122.03, placing the quote 14.26 percent above the low and 45.03 percent below the high.

What does the target imply?

Citi's A$88.00 target is 31.19 percent above the ASX price of AUD 67.08. UBS also maintained a Buy rating and set an A$77.75 target on October 20, 2026, according to TipRanks. That target is 15.91 percent above the ASX quote, giving investors two current reference points in Australian dollars.

Comparison with peers

Hub24: up 3.89 percent, price-to-earnings ratio 45.95, market capitalization AUD 5.5 billion.

Netwealth Group (ASX, AUD): up 1.60 percent, price-to-earnings ratio 65.87, market capitalization AUD 4.1 billion.

Praemium (ASX, AUD): up 0.88 percent, price-to-earnings ratio 41.67, market capitalization AUD 280.3 million.

Investor view

Hub24 combines double-digit platform growth with a valuation that remains materially above the smaller peer in the comparison. The current analyst targets sit above the ASX quote, while the 52-week range shows that the stock remains well below its yearly high.

The further course of trading is shown by the continuously updated real-time quote of Hub24 stock.